Chief Scientist of Zoho, Sridhar Vembu, on Wednesday weighed in on whether artificial intelligence (AI) is entering bubble territory, drawing a striking parallel between the current AI boom and the dot-com era.

In an interview with ANI, when asked whether AI is a bubble, Vembu pointed to growing signs of slowdown in the US technology and financial sectors, saying, “As of last week, already there are signs in the US technology sector, the US stock market, that there is a pronounced cooling… We are talking about two, three trillion-dollar investment commitments, and not sufficient even revenue, leave alone profit, to pay for all that investment.”

Vembu also referenced recent reports of OpenAI’s executives discussing the need for a potential government backstop. “This whole current hype cyc

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